Civic Intelligence

Fine Arts Foundation Inc.

990EZ • Fiscal year 2017 • EIN 39-2018130

Jan 01, 2017 to Dec 31, 2017 • Filed on May 13, 2018

Organization Profilewww.fafwa.us/arts
PO Box 8 - 206 West Avenue SouthWestby, WI 54667

(608) 625-2162

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

67th percentile

15%

Faster asset growth than 67% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

7th percentile

-61%

Faster revenue growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$317,662

Up $40,632 (+15%) from 2016

Net Assets

Up

$317,662

Up $40,632 (+15%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin84th percentile

Revenue

Down

$128,081

Down $200,671 (-61%) from 2016

Expenses

Down

$89,715

Down $239,677 (-73%) from 2016

Net Income

Up

$38,366

Up $39,006 (+6095%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2016: $277,030Liabilities 2016: $0Net Assets 2016: $277,0302016Assets 2017: $317,662Net Assets 2017: $317,6622017Assets 2018: $319,281Net Assets 2018: $319,2812018Assets 2019: $270,847Net Assets 2019: $270,8472019Assets 2020: $173,418Net Assets 2020: $173,4182020

Highlighted filing

2017

Assets$317,662
Liabilities-
Net Assets$317,662
Open 2017 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2016: $328,752Expenses 2016: $329,392Net Income 2016: -$6402016Revenue 2017: $128,081Expenses 2017: $89,715Net Income 2017: $38,3662017Revenue 2018: $149,183Expenses 2018: $137,052Net Income 2018: $12,1312018Revenue 2019: $82,875Expenses 2019: $131,309Net Income 2019: -$48,4342019Revenue 2020: $61,856Expenses 2020: $159,285Net Income 2020: -$97,4292020

Highlighted filing

2017

Revenue$128,081
Expenses$89,715
Net Income$38,366
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 13, 2018
Return Version
2017v2.2
Gross Receipts
$144,772
Mission and Program Overview

Mission

Our mission is to promote fine arts in the community. In addition to helping build a performing arts center in westby, wi, we will continue to support the arts and establish an endowment fund for future maintenance needs of the performing arts center.

Program Services

DescriptionGrantsExpenses
OUR ORGANIZATION PROMOTES FINE ARTS ACTIVITIES IN THE COMMUNITY BY PROVIDING PERFORMANCES, DISPLAYS, AND WORKSHOPS, ETC. OUR LONG TERM GOAL IS TO BUILD A PERFORMING ARTS CENTER IN WESTBY, WI. BUILDING IS EXPECTED TO BE COMPLETED IN 2018.$83,044-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LINDA C DOWLINGPresidentPT$0--
CYNTHIA L BROWNVice-PresidentPT$0--
ANN GIBBONSSecretaryPT$0--
SHARON L EVENSTADTeasurerPT$0--
KRISTINE STRANDDirectorPT$0--
LORI NESTNGENDirectorPT$0--
KAREN IHLE-TRAASTADDirectorPT$0--
MARY CHARLESDirectorPT$0--
REBECCA LIPSKIDirectorPT$0--
MONICA ORBANDirectorPT$0--
VERDA LUNDDirectorPT$0--
ADRIAN HENDRICKSONDirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Concerts$16,473$16,473$16,054$419
Total Events$16,473$16,473$16,054$419
Filing and Contact Details

Filer

Filer Name
Fine Arts Foundation Inc
EIN
39-2018130
Phone
6086252162
Address
PO BOX 8 - 206 WEST AVENUE SOUTH, WESTBY, WI 54667

Signing Officer

Name
Sharon L Evenstad
Title
Treasurer
Signed
2018-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Evenstad Tax Service LLP
Address
114 S MAIN ST, WESTBY, WI 54667-1329
Preparer
Sharon L EvenstadEA
Phone
6086346887
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $2794”

Other Expenses.1002

“Office Expenses $100”

Other Expenses.1012

“Insurance $1192”

Other Expenses.1

“BUILDING FUND-WAS $75000”

Other Expenses.2

“PIANO DOWNPAYMENT $5000”

Other Expenses.5

“SCHOLARSHIP PAID $250”

Raw XML Appendix190 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt05096
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $100
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHARON L EVENSTAD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FINE ARTS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FINE
ReturnHeader/Filer/EIN0392018130
ReturnHeader/Filer/PhoneNum06086252162
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 8 - 206 WEST AVENUE SOUTH
ReturnHeader/Filer/USAddress/CityNm0WESTBY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054667
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTBY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0546671329
ReturnHeader/PreparerPersonGrp/PhoneNum06086346887
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sharon L EvenstadEA
ReturnHeader/ReturnTs02018-05-13T16:54:48-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$317,662
Liabilities
-
Net assets
$317,662
Revenue
$128,081
Expenses
$89,715
Net income
$38,366
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$1.73$1.73$0.62$1.59$0.97
2019Detailed filing. Detailed filing data is available for this year.$2.71$2.71$0.83$1.31$0.48
2018Detailed filing. Detailed filing data is available for this year.$3.19$3.19$1.49$1.37$0.12
2017Detailed filing. Detailed filing data is available for this year.$3.18$3.18$1.28$0.90$0.38
2016Detailed filing. Detailed filing data is available for this year.$2.77$0.00$2.77$3.29$3.29$0.01